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Husky Energy
24 марта, 18:48

Argentine Firm Plans $2.3B Investment In Vaca Muerta Shale

Argentine exploration and production firm Tecpetrol has plans to invest $2.3 billion on gas exploration in the massive Vaca Muerta shale formation. As part of the plan, Tecpetrol, which is the fifth largest energy company in the country, will drill 150 wells over the next three years in the Fortin de Piedra block. Tecpetrol eyes daily output of 14 million cu m of gas by 2019, which is equal to 50 percent of Argentina’s current natural gas imports, according to a union leader who took part in the talks between the government and Tecpetrol…

24 марта, 18:48

Statoil Strikes Oil In Wildcat Well In North Sea

Norway’s Statoil has found oil and gas drilling a wildcat well next to producing oil fields in the northern part of the North Sea, the Norwegian Petroleum Directorate (NPD) said on Friday. The well was drilled from the Gullfaks C platform to a structure east of the Gimle field, about 7 km (4.35 miles) northeast of the Gullfaks field and 7 km south of the Visund Sør field, NPD said. Preliminary estimates suggest that the find contains between 1 and 3 million standard cubic metres (Sm3) of recoverable oil equivalents, that is, between…

24 марта, 18:48

Myanmar-China Oil Pipeline Start-up Delayed

Despite recent talks of imminent start-up, the launch of an oil pipeline that would allow China to import crude oil from overseas via Myanmar has been postponed again, awaiting final approvals and permissions of tankers to enter Myanmar waters. PetroChina and Myanmar’s government have yet to finalize the deal for the 480-mile-long pipeline set to carry oil across Myanmar to the landlocked southern Chinese provinces neighboring Myanmar, Reuters reported on Friday, citing a source with the Myanmar government. In addition to this finalization…

24 марта, 02:37

Canadian Province Reviews Oil Pipeline Standards After Spill

Saskatchewan will review the engineering standards and other rules for crude oil pipelines following a more than 200,000-liter crude oil spill from a Husky Energy-operated pipeline last summer. The spill, in the North Saskatchewan River, forced two towns to seek alternative water supplies until the spill was contained. At the time, a government probe concluded that the pipeline had leaked because a buckle had cracked as a result of ground movement. Now, the Saskatchewan authorities plan to strengthen regulations regarding pipelines near water,…

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13 декабря 2016, 20:26

Husky Energy planning capital spending hike for 2017

Husky Energy Inc., Calgary, reported on plans to spend $2.6-2.7 billion (Can.) in capital expenditures in 2017, an increase over this year’s likely $2-billion tally.

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15 ноября 2016, 17:16

BP plc (BP) Expands Footprint in Offshore Newfoundland

BP plc (BP) emerged as a big winner in the latest call for bids by the Canada-Newfoundland & Labrador Offshore Petroleum Board ("C-NLOPB") for deep-water zones off Eastern Newfoundland and the Jeanne d'Arc basin.

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27 октября 2016, 19:32

Peabody named Husky president, CEO; Ghosh to retire

Asim Ghosh is retiring Dec. 5 as president and chief executive officer of Husky Energy Inc. He has held the titles since June 2010 and will remain on the board, which he joined in May 2009.

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22 сентября 2016, 23:27

Hong Kong Billionaire Joins Race For UK Gas Network

The richest man in Hong Kong, billionaire Li Ka-shing, has placed a bid for the gas distribution network of UK’s National Grid. The utility is selling a 51-percent stake in its gas distribution business to focus on its local power business and U.S. operations, which have a better growth potential. The majority stake in National Grid’s four gas distribution pipelines is estimated at around US$7.8 billion (GBP 6 bln). At that valuation, the entire network is worth some US$14.3 billion (GBP 11 bln). The network supplies fuel to 11 million…

22 сентября 2016, 23:27

Scotland To Receive First Shipment Of Gas From Fracking

Gas extracted from shale fracked in the United States will arrive in Britain next week—a first for Britain—which could prompt Scotland to rethink its strong opposition to fracking. The petrochemicals company Ineos will deliver a shipment of ethane - a product used to create plastic, anti-freeze and detergents – next Tuesday. A lone Scots piper will greet the shipment at dawn in Scotland’s Firth of Forth, the company said. The shipment is a precursor to large deliveries of liquefied natural gas sourced from fracked U.S. shale,…

22 сентября 2016, 23:27

Time Is Ideal For Oil Production Cap, Says Iraq

Falah Al-Amri, Iraq’s governor to the Organization of Petroleum Exporting Countries (OPEC), claimed on Thursday that the time is right for top oil producers to come to an agreement over lowering output of the valued commodity. Speaking at an energy event in the United Arab Emirates (UAE), Al-Amri claimed the price of oil would not cross the US$50 per barrel threshold unless the fourteen OPEC member states reach a pact to curb output. This could come as soon as next week, as OPEC representatives might hold an extraordinary meeting following…

22 сентября 2016, 23:27

Maersk Oil Well-Positioned To Do Well As Standalone Business

Maersk Oil is well-placed to not just survive but thrive after its split from its parent, Danish logistics conglomerate AP Moeller Maersk, according to analysts. The spin-off was announced yesterday and was prompted by Maersk’s strategy of maximizing shareholder value by focusing on its core transport and logistics business. The Danish company said at the announcement of its plans that the split will take place over the next two years and might see its oil and gas, drilling, tanker, and supply vessel businesses split off either individually…

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26 июля 2016, 05:59

В Канаде два города прекратили водозабор из-за попадания нефти в реку

Компания Husky Energy на неопределенное время закрыла трубопровод после утечки нефти, попавшей в крупную канадскую реку, в результате чего два города прекратили использование этой воды в качестве питьевой, сообщило агентство Рейтер. Подробнее читайте на нашем сайте www.oilru.com

25 июля 2016, 21:47

NDA Claims Responsibility for Yet Another Pipeline Blast

The Niger Delta Avengers have claimed responsibility for the latest pipeline blast in the Niger Delta, this time of a gas transport facility of the Nigerian National Petroleum Corporation in the state of Akwa-Ibom. This is the latest in a long stream of attacks on oil and gas production and transport infrastructure in the impoverished Niger Delta, which has also involved several other militant groups. The Niger Delta Avengers have always emphasized they will not take lives but will destroy infrastructure in an attempt to force the Nigerian government…